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Paradex vs Reya: which perp DEX is better?

A side-by-side comparison of Paradex and Reya on fees, leverage, volume, chain and token.

ParadexReya
24h volume$21Mn/a
Maker fee0 bps0 bps
Taker fee0 bps0 bps
Max leverage50xn/a
ModelOrderbookHybrid
ChainStarknet appchainReya Network (Ethereum L2)
TokenNo token$REYA
AssetsCryptoCrypto

Paradex vs Reya: which should you choose?

If your priority is cost, Paradex wins on taker fees (0 bps). For maximum leverage, Paradex goes up to 50x. For depth and liquidity, Paradex trades the most volume of the two.

Paradex runs a orderbook on Starknet appchain, while Reya runs a hybrid on Reya Network (Ethereum L2). Read the full profiles: Paradex and Reya.

FAQ

Is Paradex or Reya cheaper?
Paradex has the lower taker fee (0 bps vs 0 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Paradex or Reya?
Paradex offers more, up to 50x, versus n/a. Higher leverage means higher liquidation risk.
Which is bigger, Paradex or Reya?
Paradex has more listed 24h volume ($21M), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.